FEBRUARY KEY FIGURES
| Trend estimates | Seasonally adjusted estimates |
| Feb 2013 | Jan 2013 to Feb 2013 | Feb 2013 | Jan 2013 to Feb 2013 |
|
Value of dwelling commitments(a)(b) | $m | % change | $m | % change |
Total dwellings | 21 657 | 0.6 | 21 826 | 1.4 |
Owner occupied housing | 13 834 | 0.0 | 13 946 | 1.2 |
Investment housing - fixed loans(c) | 7 823 | 1.5 | 7 879 | 1.8 |
Number of dwelling commitments(a)(b) | no. | % change | no. | % change |
Owner occupied housing | 44 931 | -0.5 | 45 423 | 2.0 |
Construction of dwellings | 4 983 | 0.5 | 5 058 | 1.5 |
Purchase of new dwellings | 2 496 | -0.7 | 2 519 | 0.6 |
Purchase of established dwellings | 37 453 | -0.7 | 37 846 | 2.1 |
|
(a) Includes refinancing (see Glossary). |
(b) Excludes alterations and additions. |
(c) Excludes revolving credit. |
Value of dwelling commitments, Total dwellings
| No. of dwelling commitments, Owner occupied housing
|
FEBRUARY KEY POINTS
VALUE OF DWELLING COMMITMENTS
February 2013 compared with January 2013:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.6%. Investment housing commitments rose 1.5%, while owner occupied housing commitments was flat.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 1.4%.
NUMBER OF DWELLING COMMITMENTS
February 2013 compared with January 2013:
- In trend terms, the number of commitments for owner occupied housing finance fell 0.5%.
- In trend terms, the number of commitments for the purchase of established dwellings fell 0.7% and the number of commitments for the purchase of new dwellings fell 0.7%, while the number of commitments for the construction of dwellings rose 0.5%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 14.4% in February 2013 from 15.0% in January 2013.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
March 2013 | 13 May 2013 |
April 2013 | 11 June 2013 |
May 2013 | 12 July 2013 |
June 2013 | 7 August 2013 |
July 2013 | 9 September 2013 |
August 2013 | 14 October 2013 |
REVISIONS
In this issue revisions have been made to the original series as a result of improved reporting of survey and administrative data. These revisions have impacted on:
- Owner occupied housing for January 2013
- Investment housing for January 2013
- Housing loan outstandings to households for the period September 2012 to January 2013.
Seasonally adjusted and trend series have been revised as a result of revisions to the original series, the incorporation of estimates for the latest month and the revision of seasonal factors due to the concurrent seasonal adjustment methodology.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Anita van den Bogaardt on Sydney (02) 9268 4186.